FRA - BlackRock Floating Rate Income Strategies Fund

What this means for you

No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.

Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.

Email me if this changes

What happened, and when

1. Dec 5, 2025

   The fund said it may sell new shares.

   Original document →

2. Oct 31, 2025

   The fund said it may sell new shares.

   Original document →

3. July 30, 2025

   The fund said it may sell new shares.

   Original document →

About this fund

• Run by BlackRock Advisors, LLC. Part of the BlackRock-advised Funds fund family. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Size: about $403 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 23% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1% a year in management fees; 2.6% a year in total, including interest on borrowed money. Fiscal year ended Dec 31, 2025. As of Dec 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Dec 31, 2025) the fund paid $1.49 a share. $0.91 of that was income; $0.58 was your own money back, not income. As of Dec 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Dec 31, 2025): $12.10. The shares traded at $11.78, about 2.6% below that. As of Dec 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 7.3% below to 10.3% above. As of Dec 31, 2025, from the fund's annual report. Original document →
• How the holdings did: up 1.4% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +3.6%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Dec 31, 2025): the value of the holdings returned +5.8%. How the share price did: the shares returned -3.5% over the same year, counting payouts and the change in the market price. As of Dec 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 2003.

What the fund holds

Mostly loans (93%), the rest shares and bonds. About 91% issued in the U.S.

1. Invesco Senior Loan ETF - 3%
2. State Street Blackstone Senior Loan ETF - 1.4%
3. Alliant Holdings Intermediate LLC 2025 Term Loan B - 1.3%
4. Hologic Inc 2026 USD Term Loan B - 1.1%
5. TransDigm Inc 2023 Term Loan J - 1.1%
6. Allied Universal Holdco LLC 2025 USD Term Loan B - 1%
7. Beignet Investor LLC - 1%
8. Jane Street Group LLC 2024 Term Loan B1 - 1%
9. Chobani LLC 2025 Term Loan B - 0.9%
10. Flutter Financing BV 2024 Term Loan B - 0.9%

As of June 30, 2026, from the fund's quarterly holdings report. Original document →